Job search in the presence of a stressor: Does financial hardship change the effectiveness of job search?

Gerards, Ruud, and Welters, Riccardo (2022) Job search in the presence of a stressor: Does financial hardship change the effectiveness of job search? Journal of Economic Psychology, 90. 102508.

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Abstract

Following a group of 2,973 Australian unemployed job seekers over time, we confirm predictions from Self-Determination Theory, Conservation of Resources Theory and Scarcity Theory that the presence of financial hardship during job search adversely affects job search quality and subsequently job search effectiveness (measured one year later). We show the importance in labor market research of controlling for a range of confounding factors including the impact of financial hardship on job search intensity. The implemented controls allow more precise inferences of the effect of financial hardship on job search quality/effectiveness, than so far achieved in this emerging body of literature.

Item ID: 74486
Item Type: Article (Research - C1)
ISSN: 1872-7719
Keywords: Confounding relationships, Financial hardship, Job search effectiveness, Job search quality, Unemployment
Copyright Information: © 2022 The Author(s). Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
Date Deposited: 14 Jun 2022 00:21
FoR Codes: 38 ECONOMICS > 3801 Applied economics > 380111 Labour economics @ 100%
SEO Codes: 15 ECONOMIC FRAMEWORK > 1505 Microeconomics > 150507 Micro labour market issues @ 100%
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